Explorer Emphasis Article

Given the high profile of U.S. shale production, it’s easy to forget this phenomenon kicked off a mere decade ago, give or take. As the number of shale oil and gas plays proliferated, so did the naysayers. The negative predictions focused on the well-known rapid decline in production that occurs once these wells go online. Instead of an early death, the ensuing boom upset the world order in oil production.

American Association of Petroleum Geologists (AAPG)
Learn! Blog

“No Money Down Revitalization” is a great deal. First, the operator who is really hurting in this low price environment does not have to put up any initial capital. Second, the service provider is able to charge a slightly higher price to account for the financing and the additional guidance. Finally, geologists and engineers are able to be paid for locating candidates, developing workflows, and overseeing the match-making out of the increase production.

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American Association of Petroleum Geologists (AAPG)
Learn! Blog

The goal of this two-day workshop is to proactively create opportunities yourself and your company in a low price environment. You will learn how to bring value propositions to operators. Revitalize reservoirs for less than the cost of plugging and abandoning, paid for by increased production. Rethink reservoirs and push paradigm shifts that will result in breakthroughs.  We will discuss how to use these times to pilot new products and technologies and thus position innovative companies to boom when conditions improve. This event is for engineers, geologists, geophysicists, land professionals, and entrepreneurs. *Please see our discounted rates for unemployed geoscientists, students and young professionals

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American Association of Petroleum Geologists (AAPG)
Explorer Historical Highlights

When Occidental Petroleum Corporation was reorganized in 1959, its total oil production was some 100 barrels per day. By the time Moammar Gaddaffi nationalized the industry in 1969, Oxy Libya, the wholly owned subsidiary, was producing 800,000 barrels per day. Such an amount made Oxy Libya the eighth largest producer in the world.

American Association of Petroleum Geologists (AAPG)
Explorer Article

Since the discovery of the Vaca Muerta shale as a commercial play in 2010, some are finding that in addition to its thickness, the shale is unique in terms of anisotropy.

American Association of Petroleum Geologists (AAPG)
Learn! Blog

Welcome to the AAPG Learn! Interview Series. We are launching an interview series with AAPG members and also participants in our events so that you can learn about what they're doing and potentially get in contact, collaborate, and advance your knowledge. Our interviews also tie to our events such as a great new workshop that addresses ways to be profitable in a downturn. Today we have an interview with William D. Chandler, whose work on the wellsite has led to the development of innovative new ways to identify productive zones. Our goal is to learn from each other. Please share your own story or experience.  Contact Susan Nash ([email protected])

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American Association of Petroleum Geologists (AAPG)
Learn! Blog

This brief article is a continuation of 'U.S. Oil and Gas Plays that Work Now for the Small Independent or Small Consultant Team (Part I)'  which aims to provide sources of information that can be used to develop a list of candidates to acquire, and to target wells and fields that can be revitalized using new technologies and team-based approaches. Some of the areas are potentially a better fit for a medium-sized company with significant access to capital. Some areas are ideal for the small independent or consultant. 

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American Association of Petroleum Geologists (AAPG)
Explorer Emphasis Article

The U.S. Gulf of Mexico’s crude oil production is estimated to increase to record high levels in 2017, despite record low price.

American Association of Petroleum Geologists (AAPG)
Explorer Emphasis Article

In a time of low energy prices and market volatility, it is more important than ever for energy professionals to develop the tools to stay competitive and efficient. The Offshore Technology Conference (OTC), set for May 2-5 in Houston, provides the perfect opportunity.

American Association of Petroleum Geologists (AAPG)
Learn! Blog

The oil industry downturn has been, to paraphrase Thomas Hobbes in Leviathan (1651), 'solitary, poor, nasty, brutish, and long.' If you're an oil industry professional, you may be feeling discouraged, even disgusted, and ready to throw in the towel, particularly as some analysts are predicting bargain basement oil until 2018 and the Saudi oil minister has told some countries they'll just have to get out of the business. What's worse, is that you may have been in a very isolated niche specialty, and now you're not sure how to apply your skills to more general (and affordable) opportunities. How do you keep from becoming collateral damage in a vicious economic war? And, perhaps more to the point, how do you use your background and experience to maintain involvement in the industry?

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American Association of Petroleum Geologists (AAPG)

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